Attom data solutions (parent of RealtyTrac) recently released their Q2 2017 U.S. Home Sales Report which revealed that the share of all-cash sales exhibited its first annual increase since Q1 of 2013. All-cash sales represented 28.9% of all single family and condo sales in Q2 2017 – which is up from 27.3% in Q2 2016. Those major metro areas with the highest share of all-cash sales were Raleigh, NC (57.4%); Miami (46.2%); Detroit (45.2%); Oklahoma City (44.6%); and Tampa-St. Petersburg (43.2%).
The report also highlighted that the average home seller price gain was $51k in Q2 2017, representing an average return of 26% on the previous purchase price of the home, the highest average home seller return since Q3 2007.
Click on the interactive map below for more detail:
Click here to read the full report on RealtyTrac.
